Japanese Capital Spending Ex. Software YY (Q4) 7.3% (exp. 3.9%)

The stronger-than-expected Japanese capital spending figures, at 7.3% versus the 3.9% forecast, suggest robust business investment, which may have positive implications for growth. This could contribute to a more hawkish outlook for monetary policy if sustained, as it indicates resilience in the economy. Watch for potential impacts on the yen and Japanese equities as well as related sectors like materials and services.